Nifty Trades for 02/11/2012

Nov 2, 2012 9:00 AM
92 Comments
02/11/2012 09:00  Trend: Positive
02/11/2012 09:00  Bought Nifty near 5601-5608, Next Targets: 5645, 5659, 5667, SL trailed: 5618
02/11/2012 09:20  Targets Hit, Next Target: 5722, SL Trailed: 5670
02/11/2012 12:30  SL Trailed: 5680
02/11/2012 12:50  Next Targets: 5722, 5730, 5732, SL Trailed: 5682
02/11/2012 13:30  SL Trailed: 5685


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  1. ShivNovember 2, 2012 at 9:11 AM

    HI Sunil sir GM!!

    ReplyDelete
  2. sureshNovember 2, 2012 at 9:18 AM

    Hi Sunil good morning.
    holding nifty 5500pe. almost lost of 40K. should i need to book loss.or hold it. pls help. what i have to do for loss.
    thanks

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 9:22 AM

      Good Morning Suresh, Would advise to exit on Nifty dips.

      Delete
    2. sureshNovember 2, 2012 at 9:32 AM

      Can i exit now. and enter CE.? or what stoploss should i keep for PE?

      Delete
    3. UnknownNovember 2, 2012 at 9:37 AM

      Don't Enter CE now. Can keep a SL of 5710 on Nifty spot for PE.

      Delete
    4. sureshNovember 2, 2012 at 9:41 AM

      ok sure will hold pe with SLof 5710. thanks

      Delete
    5. UnknownNovember 2, 2012 at 9:44 AM

      Most welcome.

      Delete
  3. Mahender Reddy PulakandlaNovember 2, 2012 at 9:18 AM

    Goo moring Sunil.

    Whats nifty view for today?

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 9:24 AM

      Good Morning Mahender, Its positive for now, but not expecting a major rally today. Will need to wait and watch.

      Delete
    2. Mahender Reddy PulakandlaNovember 2, 2012 at 9:33 AM

      Okay Sunil.

      I'm at break even 6000CE DEC.

      Would it be a good Idea, to exit now and buy back on nifty?
      what do u suggest?

      Delete
    3. UnknownNovember 2, 2012 at 9:39 AM

      Hold for now with trailing SL at 5670 on Nifty Spot.

      Delete
    4. Mahender Reddy PulakandlaNovember 2, 2012 at 9:41 AM

      Thanks for update.

      Have a good day to u all.

      Delete
    5. UnknownNovember 2, 2012 at 9:45 AM

      Most Welcome. Have a great day you too.

      Delete
    6. Mahender Reddy PulakandlaNovember 2, 2012 at 3:09 PM

      Hello Sunil,

      Good to see, NIFTY managed to go up, inspite of flat europe.
      I'm still holding 6000CE dec-12. (right now i'm bullish view)

      What do u suggest?

      Thanks
      Mahy

      Delete
  4. ParitoshNovember 2, 2012 at 9:19 AM

    Good Morning Sunil, what are levels for fresh entry today... market opened gap up...

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 9:25 AM

      Good Morning Paritosh, Market does not look too strong after opening. Lets wait for now to make fresh entries.

      Delete
  5. ShivNovember 2, 2012 at 9:39 AM

    sir, Shud i have a/c in wordpress to have name displayed during post ?? google a/c shows unknown in the name field

    ReplyDelete
    Replies
    1. ParitoshNovember 2, 2012 at 9:42 AM

      http://www.blogger.com/edit-profile.g

      Go to this link and change the "Display Name"

      Delete
    2. UnknownNovember 2, 2012 at 9:44 AM

      Thanks Paritosh. Hope this reply helps.

      Delete
  6. UnknownNovember 2, 2012 at 9:49 AM

    Good Morning Sir! Looks like i missed the high point of nifty today at the opening! Book profits in my 5800 ce or hold for further gains? Also can i enter a pe?

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 9:52 AM

      Good Morning Aabha, Can hold CE with trailing SL of 5670. Don't enter PE as yet.

      Delete
    2. UnknownNovember 2, 2012 at 9:54 AM

      ok sir, do let me know when to book my calls...looks like its a bit difficult for nifty to sustain at the higher levels....

      Delete
    3. UnknownNovember 2, 2012 at 9:56 AM

      Best strategy now would be to book profits in parts at regular higher levels and trail your trade with trailing SL

      Delete
    4. UnknownNovember 2, 2012 at 10:02 AM

      yes...will do that...Also can you guide me about shasun pharma? Hodling that stock for a long time now. Any chance of an upmove or exit it with loss for now?

      Delete
    5. UnknownNovember 2, 2012 at 10:06 AM

      Sorry, Not tracking that stock. But will try to let you know about it later after market hours.

      Delete
    6. UnknownNovember 2, 2012 at 10:08 AM

      Sure sir...I don't mind waiting till even Diwali...Have been holding it for many months now, so a few days won't matter nyway. Do you think Nifty can take a dip before going ahead? Any chance of buying calls at lower levels again?

      Delete
    7. UnknownNovember 2, 2012 at 10:17 AM

      Not sure about how Nifty may trade later today as yet, but is positive above 5670.

      Delete
    8. UnknownNovember 2, 2012 at 12:32 PM

      Whoa....That was a big spike...Loving it!

      Delete
    9. UnknownNovember 2, 2012 at 1:09 PM

      Sirjee booked half of my 5800ce at high point today...Hold the rest?

      Delete
    10. UnknownNovember 2, 2012 at 1:29 PM

      Nice:) Follow rest with the trailing SL

      Delete
    11. UnknownNovember 2, 2012 at 1:50 PM

      Sure thing sir..also booked small profits by scalping! Having fun today! I wanted to ask you about Gold bees...For a long term investment at what levels ca i buy some?

      Delete
    12. UnknownNovember 2, 2012 at 2:13 PM

      :) Goldbees can be bought as SIP. Buy some qty. on the last day (or any other day which suits you) of every month.

      Delete
    13. UnknownNovember 2, 2012 at 3:01 PM

      ok will do that..Thank you sir...Donno what i would have done without experts like you! :-)

      Delete
  7. karthikNovember 2, 2012 at 9:49 AM

    Hi sunil, shall i enter a pe now?

    ReplyDelete
  8. ShivNovember 2, 2012 at 9:51 AM

    sir yest booked loss in 5500pe suggest something to recover

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 9:54 AM

      Glad you booked out yesterday :). Lets wait for now for the next trade.

      Delete
    2. ShivNovember 2, 2012 at 10:00 AM

      :) in the hindsight i'm glad but booking loss is certainly not happy feeling even 100rs profit is gud.. hehehe

      Delete
    3. UnknownNovember 2, 2012 at 10:04 AM

      I agree, But my point of view is different. I look it as the the loss saved of 50 points on Nifty. Loss saved is profit gained. :)

      Delete
    4. ShivNovember 2, 2012 at 10:11 AM

      hehehe i have to turn to being more optimistic.. anyway i completely agree with u

      Delete
    5. ShivNovember 2, 2012 at 10:29 AM

      pls do let me knw when and what to buy hv to recover some losses but will take it slow as n when u say

      Delete
    6. UnknownNovember 2, 2012 at 10:37 AM

      Best is to follow AutoChannels Charts. Enter trade after a Channel break and book part profits at first swing target and hold the rest following the trailing SL. In case of SL triggers, exit at the earliest with minimal loss.
      I will also be posting positional calls from coming Monday.

      Delete
    7. UnknownNovember 2, 2012 at 10:39 AM

      Positional Calls will also be based on AutoChannels as per Hourly Charts.

      Delete
  9. AmitviratNovember 2, 2012 at 10:41 AM

    Sunil..where can I see autochannel charts?

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 10:48 AM

      Right here on this site. Currently being updated for Nifty.

      Delete
  10. UnknownNovember 2, 2012 at 10:48 AM

    Hi Sunil, Can I enter 5800 CE now.. for the target of 5720 in spot.

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 10:54 AM

      Cab be risky entering fresh longs on a Gap-Up opening with weak momentum. As such would advice to avoid fresh entries today. But if you are already holding at lower levels, can hold with the trailing SL.

      Delete
    2. UnknownNovember 2, 2012 at 10:56 AM

      Ok..Thanks...Holding Dena bank 110 CE @ 2.80..is it hold or book loss?

      Delete
    3. UnknownNovember 2, 2012 at 11:07 AM

      Hold for now. Swing Target for intraday would be 108.6, breaking above which can see 110.2

      Delete
  11. RajeshNovember 2, 2012 at 11:36 AM

    HI SR,

    Can you help me build a good portfolio for my son. I currently have Rs 100000 to invest. I am having monthly investment into in SIP in addition to this. Appreciate any help.

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 11:56 AM

      Hi Rajesh, Invest in select Large Caps across various sectors on dips. Can go with SBI, HDFC Bank, HCL Tech, TCS, HUL, ITC, Tata Motors, Maruti, LT, DRREDDY, SUNPHARMA etc.

      Delete
    2. UnknownNovember 2, 2012 at 12:06 PM

      Also Note: Keep 20% of your investment in Gold ETF. You may buy GOLDBEES for the same.

      Delete
  12. RajeshNovember 2, 2012 at 11:37 AM

    I have a time horizon of 13 to 15 years

    ReplyDelete
  13. RajeshNovember 2, 2012 at 12:25 PM

    Thanks SR

    ReplyDelete
  14. UnknownNovember 2, 2012 at 12:39 PM

    Good afternoon,

    I purchase a(1 lot) 5800 CE last week@34 rs. Shall sell it at 5722 or hold it?

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 12:42 PM

      Good Afternoon, As of now would advice to book profits as its only 1 lot. Else you could have booked part and held the rest with SL at 5680.

      Delete
    2. UnknownNovember 2, 2012 at 12:45 PM

      ok..Thank you sir..i will book at 5720 to 5722 range and will wait for your positional call

      Delete
    3. UnknownNovember 2, 2012 at 12:51 PM

      Most Welcome.

      Delete
    4. UnknownNovember 2, 2012 at 2:19 PM

      Shall i exit at current price or i have to wait

      Delete
    5. UnknownNovember 2, 2012 at 2:55 PM

      You may book profits if you want as its only 1 lots. But for more gains need to follow the trailing SL. However if Nifty fails to break above Day's high as of now without SL getting triggered, would advise to book profits near day-end.

      Delete
    6. UnknownNovember 2, 2012 at 3:11 PM

      OK. I booked at 45.50.

      Can i enter in state bank of India 2250 NOV CE ( Looking ahead of results)

      Delete
    7. UnknownNovember 2, 2012 at 3:24 PM

      or shall i go with 2 lots each of 2150 nov CE & PE

      Delete
    8. UnknownNovember 2, 2012 at 3:35 PM

      Not sure about it as yet.

      Delete
  15. AmitviratNovember 2, 2012 at 1:38 PM

    Hi Sunil.. Bajaj Auto's next target?

    ReplyDelete
  16. ShivNovember 2, 2012 at 2:36 PM

    Hello sir.. holding reliance 820ce mkt moved from 5590 to 5690 but reliance is not moving at all always between 800-810 range. any posiibility to cross 820+

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 2:50 PM

      Not sure as yet. Is currently range bound. Technically looks weak below 828. Will do well if it breaks above it. Next Major support is much lower near 771-774

      Delete
  17. RajeshNovember 2, 2012 at 2:52 PM

    Hi Sunil,

    just took 5500 20 lots PUT at 15.55. How long to hold it.

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 2:58 PM

      Hi Rajesh, We need to wait till the Trailing SL is breached to see momentum in the negative direction.

      Delete
  18. RajeshNovember 2, 2012 at 3:16 PM

    Thanks SR. So shall I book losses in teh 5500 put. Purchased it at 15.55 and now trading at 13.55

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 3:21 PM

      Yes, exit for now. We can always make a fresh entry on Monday if needed.

      Delete
  19. UnknownNovember 2, 2012 at 3:36 PM

    Good day today for my 5800ce sir...Booked some good profits..Thanks to you!

    Have a gr8 weekend...hope to gain some more on Monday!

    ReplyDelete
  20. LOGANATHANNovember 2, 2012 at 10:17 PM

    sir, holding 5600pe your view please

    ReplyDelete
    Replies
    1. UnknownNovember 2, 2012 at 11:39 PM

      As of now keep a SL of 5722 on Nifty. Can see some downside below 5685.

      Delete
  21. AdminNovember 2, 2012 at 11:45 PM

    hey sunil ji.. check this .. does it works??

    http://nse-stock-charts.blogspot.in/p/brokerage-calculator.html

    ReplyDelete
    Replies
    1. UnknownNovember 3, 2012 at 1:23 AM

      Hi Doc! Its looking good. Some suggestions on it.

      1. Replace the word "Number" with "Quantity"
      2. Replace the Phrase "Break Out" with "Break Even"
      3. Add Input boxes for "Rate of Brokerage", "Rate of Taxes", "Rate of STT Charges", "Rate of Transaction Charges", "Stamp Duty", "Minimum Brokerage" etc.
      4. You may set default values for above input boxes.
      5. Also check the code to calculate brokerage for both buying and selling legs

      You may also like to have a look at the brokerage calculator of zerodha on their site

      Delete
    2. AdminNovember 3, 2012 at 8:07 AM

      hmm . . will try. . but donn know, will work or not :)

      Delete
    3. AdminNovember 3, 2012 at 8:26 AM

      all these other charges >> tax,stt ,tran charge, stamp ,sebi charges are same for each brokers?? or do they differ?

      Delete
    4. UnknownNovember 3, 2012 at 12:53 PM

      GA Doc, Only STT is same for all brokers. Though Tax Rates may be same for all brokers, but their calculations may differ.

      Delete
    5. AdminNovember 3, 2012 at 10:35 PM

      hmm.. thanks sunil ji .. will try :)

      Delete
    6. UnknownNovember 3, 2012 at 11:21 PM

      Most Welcome. Wish you all the best.

      Btw, need your views and suggestions on the new look of the site using Java scripts. Also please check whether it is working okay on different browsers.

      Delete
  22. AdminNovember 4, 2012 at 7:46 PM

    wow.. this is cool .. works fine :)

    ReplyDelete

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